If Blake Griffin is really available I might do something like this if I'm the Cavs GM
Griffin, Gallinari, W. Johnson
Love, Smith, Shumpert, Frye, BKN 1st
I think that cleans up the Cavs roster a bit and makes them better. Plus, with Griffin signed long term it provides great value for the BKN pick such that trading it isn't as damaging.
LA gets to re-set a bit, but Love provides them a good starting point, plus they pick up the BKN pick, and shave a lot of money off the books both this year (getting them away from the tax) and long term.
Post-Trade the Cavs are (with an open roster spot)
PG - Thomas, Calderon, Rose
SG - Johnson, Wade
SF - James, Korver, Green, Osman
PF - Griffin, Crowder, Gallinari
C - Thompson, Zizic
Gives the Cavs a more dynamic power forward, provides a better defender on the wing, and upgrades the bench shooting. They still have all sorts of roster/lineup options as well. Cavs with that team should come out of the East, and while GS would be favored, I think that team gets the Cavs within striking distance.